Modernization Dependency Theory And Globalization Theory

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Modernization, Dependency and Globalization Theories Anonymous Author University of the People Introduction to Sociology 1502 Introduction Modernization theory has received its fair share of criticism for being Eurocentric. But it isn’t the only theory of its kind around. There is also dependency theory and globalization theory. There are many similarities and many differences between these theories. Are dependency theory and globalization theory both biased as well or not? Which is most useful for explaining global inequality? In this paper, I plan to explore all of this and provide thorough examples to accompany what I find. Modernization, Dependency and Globalization Theories When beginning any talk about economics, the developments of advanced societies, political theory, and its sociological implications, certain theories come up quite often. Many times they are criticized, other times they are elevated and praised. Three that seem to stand out the most are modernization theory, dependency theory, and globalization theory. I plan to examine what each theory is, how they compare, and really delve into global inequality in light of what is previously discussed. What is modernization theory? Is it truly as Eurocentric as people claim? Modernization theory suggested that societies moved through natural stages of development as they progressed towards becoming developed societies (i.e. stable, democratic, market oriented, and capitalist) (Little, 2014). Walt W.